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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Digital currency can speed up global payments: CBUAE

    The CBUAE has in a study found that central bank digital currencies can substantially improve international trade payments.

    The findings come from a report that has been generated from the first Multiple CBDC Bridge (mBridge) Project

    This project is a step closer to making cross-border trade payments easier, safer, and in real time

  • UN fund urges rich nations to pay $100bn a year in climate finance to poor countries

    Rich countries must deliver on a promise to channel $100 billion a year in climate finance to developing nations, otherwise...

    The call by Yannick Glemarec comes as about 50 climate ministers meet in Milan, Italy, on Thursday to hammer out details and tackle differences on the pace of green transition

    The pre-COP26 summit in Milan this week is the last major UN meeting before negotiators head to Glasgow

  • Algeria begins Sinovac Covid-19 vaccine production

    Prime Minister Aimene Benabderrahmane, who attended the launch of the production process at a factory in the eastern city of...

    Lotfi Djamel Benbahmed, Algeria's minister for the pharmaceutical industry, has said the country plans to export the vaccines

    Saidal, the firm making the jabs, was so far the only African company to be licenced to produce the jab

  • NASA’s Lucy mission to probe Jupiter’s mysterious Trojan asteroids

    The probe, called Lucy after an ancient fossil that provided insights into the evolution of human species, will launch on...

    The probe, called Lucy after an ancient fossil that provided insights into the evolution of human species, will launch on October 16 from Cape Canaveral Space Force Station

    Its mission is to investigate the group of rocky bodies circling the Sun in two swarms, one preceding Jupiter in its orbital path and the other trailing behind it

  • Want to live forever? Theoretically, you could

    The outer limit of the human lifespan has long been hotly debated, with recent studies making the case we could...

    The outer limit of the human lifespan has long been hotly debated, with recent studies making the case we could live up to 150 years

    The new research, published Wednesday in the Royal Society Open Science journal, wades into the debate by analysing new data on supercentenarians

  • Syria water crisis spurs spike in disease: MSF

    MSF has blamed the ‘acute water crisis’ in recent months on a decrease in funding for water, sanitation and hygiene...

    The crisis is most acute in northwestern Syria, the country’s last major rebel stronghold

    More than three million people live in squalid conditions in that region

  • NYU and NYU Abu Dhabi develop AI tool to improve breast cancer detection

    A team of researchers from New York University (NYU) and NYU Abu Dhabi report that they have developed a novel...

    The system, designed to be a decision support tool for clinicians, also helped radiologists significantly decrease their false positive and requested biopsy rates

    The system is designed to identify malignant lesions in breast ultrasound images, with the primary goal of reducing the frequency of false-positive findings

  • UAE reviews food systems transformation at UN

    The world must act, and act now, if we are to reach zero hunger by 2030, the UAE’s Minister of...

    There is no more time for planning in the run-up to 2030, which is designated the Decade of Action

    The combined efforts of all actors is necessary for the world to meet the UN’s Sustainable Development Goals

  • Saudi Arabia seeks to attract $5.3bn in investments in data and AI

    Saudi Arabia aims to be one of the top 10 countries in the world in data and artificial intelligence, and...

    Digitization is not a luxury, minister says

    Kingdom is training 25,000 Saudis youth in digital skills

  • UAE, Egypt explore prospects of greater space cooperation

    The two sides also discussed facilitating new growth partnerships between the public and private sector.

    The meeting explored the potential for greater collaboration in all space-related fields between the two countries

    The two parties also looked at opportunities to strengthen ties across science, technology, engineering, and mathematics

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